theapextrader7

Intraday (27-08-2020)

theapextrader7 Updated   
NSE:AUROPHARMA   AUROBINDO PHARMA
Range contraction seen in 15 min time frame price. Expecting to see some volatility expansion.
Trade active
Comment:
Change SL to buy price. Dont want to take risk in such a tightly moving price range stock.
Comment:
In hindsight entry at 870 (mid point of prev day wide range bearish candle) was a better entry with current entry price as target 1.
Trade closed manually:
No loss no profit.
Comment:
The candle spreads are fairly large. But volumes not coming in. Retail traders are trading actively. Institutions staying away.
Comment:
Personally holding the trade with SL at midpoint of first 15 min candle.
Comment:
First target achieved.

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